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CALCULATE SAVINGS

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Calculate Savings



Fill in to calculate your savings.

Use this form to calculate how much you are spending on paper billing and checks and how much you can save with electronic processing through InoviumPay Property Management Edition. The default numbers below are typical figures. You can use them as is or enter your own.

Number of residents per month
Hourly clerical cost (Note A) $
Minutes to prepare resident data
Minutes to mail
Minutes Manager Going to make
Daily Bank Deposit
Postage per invoice $
Average minutes spent on dupes
and reminders per resident
Minutes to record deposit
Minutes to deposit check
Bank deposit fee per check $



End-to-end online payment solution
InoviumPay PME is an end-to-end method of providing your customers with the opportunity to make payment by online check or credit card. The system walks your residents through the process of paying by online check in seconds, and the payment goes straight into your account. You can also reduce your time-to-collect by at least one week.

Note A:
The median expected salary for a typical Billing Clerk, Sr. in the United States is $35,725. The hourly range is calculated from: low range of $15.31 hour, Medium range of $17.18 hour and a High range of $20.18 hour plus payroll benefits of Federal and State Payroll Taxes, Health Benefits, Vacation Pay.

The $21.00 per hour rate is for demonstration purposes only. The rate for your company may be higher than the rate used in the calculator. The median salary was determine by using salary.com report which was prepared by salary.com using their Certified Compensation Professionals' analysis of survey data collected from thousands of HR departments at employers of all sizes, industries and geographies
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